Beacon Hill is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2100). With a population of 7,814, the suburb has an established demographic with a median age of 41. Households earn a median income of $153K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Beacon Hill is $2.3 million, having declined 4.7% over the past year. Units have a median price of $2.0 million (+21.2% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,250.
Beacon Hill is served by 1 school, including 1 primary. The average ICSEA score is 1099, which is above the national average of 1,000. Public transport access includes 3 tram stops, 32 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Beacon Hill offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved -4.7% year-on-year.
Beacon Hill is a mid-sized suburb in New South Wales within the Northern Beaches local government area (postcode 2100). With a population of 7,814, the suburb has an established demographic with a median age of 41. Households earn a median income of $153K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Beacon Hill is $2.3 million, having declined 4.7% over the past year. Units have a median price of $2.0 million (+21.2% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,250.
Beacon Hill is served by 1 school, including 1 primary. The average ICSEA score is 1099, which is above the national average of 1,000. Public transport access includes 3 tram stops, 32 bus stops. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Beacon Hill offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($2.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.0x is considered stretched. House prices have moved -4.7% year-on-year.